Wecoach Inc

Analysis

Wecoach Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wecoach Inc reported income of $979k and spending of $867k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $691k to $979k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wecoach Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Matheia School ($979k), Occacc Foundation ($979k) and Redeemer Christian School Incorporated ($979k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $155k (18% of expenses). Other salaries and wages came to $192k. At year end it held assets of $759k against liabilities of $44k, net assets of $714k. It reported 6 employees.